If 92 percent of women want to learn more about financial planning and get more involved in their finances, why is it that only 20 percent are willing to talk about their finances with those they are close to?
After a historic number of women gathered in January to march for empowerment, the issue has remained at the forefront of national conversation.
It’s even penetrated the male-dominated Wall Street, where companies have pushed for diversified management embodied in the “Defiant Girl” statue confronting the Street’s iconic bull.
Still, the discourse often overlooks the importance of women’s financial success, and the historic exclusion of women from financial processes, such as investing. The equality sought in today’s women’s movement is largely rooted in financial independence — and that means getting more women to invest.
At present, many are held back by a lack of confidence in their strategy and market knowledge, according to research from Fidelity Investments, a brokerage account firm led by a pair of the most powerful women in finance.